Advertisement
Categories: NewsPakistanTech

13.86 Million Smartphones Produced Locally in First 9 Months of 2024

Advertisement

In the first nine months of 2024, Pakistan’s local mobile phone assembly industry produced 22.59 million units, with 13.86 million being smartphones and 8.73 million basic 2G devices. Despite economic challenges and rising interest rates that have weighed on the industry since 2022, production remains robust.

In addition to locally produced units, 1.1 million mobile phones were imported from January to September this year. Infinix led the market, producing 2.79 million units during this period, despite a broader industry decline since 2022.

According to the Pakistan Telecommunication Authority (PTA), local production stood at 24.66 million devices in 2021. By 2023, this figure had dropped by 13.71%, to 21.28 million, largely due to economic pressures. Commercial imports of smartphones also plummeted, dropping from 24.51 million in 2020 to just 1.58 million in 2023. The decline in imports has been driven by restrictions from the central bank aimed at managing the trade deficit and conserving foreign currency.

However, signs of recovery are emerging as the economy improves and the central bank cuts interest rates. With growing internet services across the country, the use of smartphones has surged, now accounting for 64% of all devices on the network, up from 59% in 2023 and 56% in 2022. Meanwhile, the share of 2G devices has fallen to 36%, down from 41% last year and 44% in 2022.

Despite the challenges, Pakistan’s mobile phone production remains a key part of the country’s manufacturing sector, and with economic conditions improving, further growthis anticipated.

Advertisement
Izaan Zubair

With a passion and curiosity for technology, Izaan is a seasoned writer with four years of experience. His expertise lies in translating complex tech updates into engaging stories. Beyond technology, Izaan keeps a finger on the pulse of worldly news, crafting exclusive narratives that inform and inspire his readers.

Recent Posts

International Dance Day: Bhangra Streams on Spotify Surge 270% in Pakistan

Karachi – As the world marked International Dance Day, Spotify data reveals how Pakistan celebrated…

14 minutes ago

KP Allows Russian Dove Hunting Till May 31 with Strict Limits and Fines

Khyber Pakhtunkhwa government allows hunting of Russian doves till May 31 under strict regulations. According…

38 minutes ago

OPEC+ Agrees to Raise Output by 188k BPD, Excluding UAE

Seven OPEC+ countries agree to increase oil output by about 188,000 barrels per day in…

44 minutes ago

Pakistan Rejects UK Envoy’s One-Sided Afghan Remarks Amid Border Concerns

British envoy's remarks on Afghanistan rejected Islamabad has strongly responded to recent comments made by…

2 hours ago

Trump Rejects Iran’s Strait of Hormuz Proposal Ahead of Nuclear Talks

Iranian Proposal for Strait of Hormuz Reopened, US Blockade Lifted A senior Iranian official announced…

2 hours ago

Young Fires 67, Seizes PGA Lead After Second Round

Fourth-ranked Cameron Young took a commanding lead in the PGA Cadillac Championship after Friday's second…

2 hours ago